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i'm jon haber of alto music. i've been around music my entire life. this is the first alto music i opened when i was 24. my business is all about getting music into people's hands. letting someone discover how great music is, is just an awesome thing. and the plum card from american express open helps me do that. i use it for as much inventory as i possibly can. from picks...to maracas... to drums... to dj equipment... you name it, i can buy it. and the savings that we get from the early pay discount on those purchases has given us money to reinvest back into our business and help quadruple the size of our floor space. and the more we expand, the more space we have for instruments and musicians to come play them. rock n roll will never die.
i'm jon haber of alto music. i've been around music my entire life. this is the first alto music i opened when i was 24. my business is all about getting music into people's hands. letting someone discover how great music is, is just an awesome thing. and the plum card from american express open helps me do that. i use it for as much inventory as i possibly can. from picks...to maracas... to drums... to dj equipment... you name it, i can buy it. and the savings that we get from the early pay...
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Jul 10, 2011
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. >> jon, thank you very much. joining me to discuss the road ahead is the white house chief of staff bill daley. thank you very much for joining us. you've heard what jon said. you've seen what speaker boehner has done last night. what's your reaction to the deal being pulled right now? >> it's very unfortunate the speaker made the comments he has. the president is committed to solving this deficit possible for the future of america. he's looking forward to the meeting to play out his case. he's saying, it is time now to make the tough decisions. in this town, generally they kick the can. nobody wants to do the tough things. he's committed to do that. he's not giving up on trying to bring economic sanity to the city and that's his goal. >> is he still committed to the mega-deal, so to speak? because this is what is floated in the last several days that speaker boehner said no longer possible. will the president continue to push for that? >> the president believes it is time to solve this problem. time to give conf
. >> jon, thank you very much. joining me to discuss the road ahead is the white house chief of staff bill daley. thank you very much for joining us. you've heard what jon said. you've seen what speaker boehner has done last night. what's your reaction to the deal being pulled right now? >> it's very unfortunate the speaker made the comments he has. the president is committed to solving this deficit possible for the future of america. he's looking forward to the meeting to play out...
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Jul 7, 2011
07/11
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ronny, take a look at the conversation, it's very important, history of the media, between jon stewart, of comedy central, of course, and chris wallace. i think chris wallace laid down an interesting line here on what fox is all about. i think it's fair to say what he says now in this, perhaps, unrehearsed comment than was ever said by the advertising of fox when they called themselves fair and balanced. let's listen to chris wallace. >> you believe that fox news is exactly the ideological equivalent of nbc news? >> i think we're the counter -- i think that they have a liberal agenda and we tell the other side of the story. >> well, there's an admission by ron and then, josh, not saying fair and balances, he's saying they're a balancing act of the point of view of the major broadcast networks and i guess us? >> yeah. >> that's right. abc, nbc, cbs, the "new york times," everybody else in the media is part of a liberal conspiracy and poor, lonely little fox is out there all on their own counterbalancing this. of course, he admitted in saying that, they are, in fact, a conservative voice
ronny, take a look at the conversation, it's very important, history of the media, between jon stewart, of comedy central, of course, and chris wallace. i think chris wallace laid down an interesting line here on what fox is all about. i think it's fair to say what he says now in this, perhaps, unrehearsed comment than was ever said by the advertising of fox when they called themselves fair and balanced. let's listen to chris wallace. >> you believe that fox news is exactly the...
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Jul 19, 2011
07/11
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senator minority whip jon kyl drew the line in the sand on sunday. >> unless the president gets off his absolute obsession with raising taxes, republicans won't do anything to harm our economy. job-killing taxes harm our economy. there will not be a default. as to whether or not we can achieve savings in the process dpentding on the president. >> i did not hear the world probably. i heard the word not. republicans would rather see the markets crash, unemployment go through the roof and americans in bread lines before they raise one damn dime in taxes. when it comes to the debt crisis, republicans are only interested in playing rush roulette with the stupid catchphrases. >> let's let the american people decide if they want like cutting spends, capping the growth in government and requiring a balanced budget amendment to the constitution. let's have a national debate. >> to cut cap and balance plan in the house. >> cut the deficit, put a straitjacket on it and balance the budget, the cut, cap and balance. >> i want to make sure we cut spending here in washington. i want to make smur we ha
senator minority whip jon kyl drew the line in the sand on sunday. >> unless the president gets off his absolute obsession with raising taxes, republicans won't do anything to harm our economy. job-killing taxes harm our economy. there will not be a default. as to whether or not we can achieve savings in the process dpentding on the president. >> i did not hear the world probably. i heard the word not. republicans would rather see the markets crash, unemployment go through the roof...
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Jul 11, 2011
07/11
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they had plan "b" and the biden plan and that's what eric cantor supports and jon kyl supports, so that's plan "b." how quickly does the president back off? does he say, no, let's roll that one out, too, i really want this big deal, let's go? or does he basically back down and show he was being a tough negotiator for four days? >> some of the corporate guys will say, well, you know, it takes four or five times saying no before you may get to a deal, so we'll see. we'll set up this meeting a little bit more after we take a break. but we'll take a break here and when we come back, we'll have our "trends & takeaways," a look at what we said today that was i ate breakfast and got heartburn, third day this week. so i took my heartburn pill and some antacids. we're having mexican tonight, so another pill then? unless we eat later, then pill later? if i get a snack now, pill now? skip the snack, pill later... late dinner, pill now? aghh i've got heartburn in my head. [ male announcer ] stop the madness of treating frequent heartburn. it's simple with prilosec otc. one pill a day. twenty-four hou
they had plan "b" and the biden plan and that's what eric cantor supports and jon kyl supports, so that's plan "b." how quickly does the president back off? does he say, no, let's roll that one out, too, i really want this big deal, let's go? or does he basically back down and show he was being a tough negotiator for four days? >> some of the corporate guys will say, well, you know, it takes four or five times saying no before you may get to a deal, so we'll see. we'll...
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Jul 22, 2011
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a lot of frustration across the country on this one, jon. thank you. >>> and still ahead here on "world news" this friday night, the queen and kate giving us a tour atuckingham palace. and the wedding dress. what surprised our reporter when he saw it? >>> the good life tonight. more of the boomers this evening. and this time, they're reinventing their bolds. meet the boomer putting our claire shipman through the ringer. >>> and, later tonight, you've got to see this. the little boy, the baseball captured in the stands -- and what none of us saw coming next. to keep in balance after 50, i switched to a complete multivitamin with more. only one a day women's 50+ advantage has ginkgo for memory and concentration, he saw it? the little boy, the baseball a great addition to my routine. [ female announcer ] one a day women's. we throw out over $500 in food ziploc preevery year.gic. help save more of it with ziploc freezer bags featuring the smartzip seal. edge-to-edge protection you can hear. get ziploc and get more out of it. [ female announcer ]
a lot of frustration across the country on this one, jon. thank you. >>> and still ahead here on "world news" this friday night, the queen and kate giving us a tour atuckingham palace. and the wedding dress. what surprised our reporter when he saw it? >>> the good life tonight. more of the boomers this evening. and this time, they're reinventing their bolds. meet the boomer putting our claire shipman through the ringer. >>> and, later tonight, you've got to...
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Jul 29, 2011
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my name's jon forsythe, and i sea food differently. i don't know. the usual? [ blower whirring ] sometimes it pays to switch things up. my - what, my hair? no. car insurance. i switched to progressive and they gave me discounts for the time i spent with my old company. saved a bunch. that's a reason to switch. big savings -- it's a good look for you. [ blower whirring ] [blower stops] the safety was off. out there with a better way. now, that's progressive. >>> new developments in thecase of private first class abdo. he was arrested after fbi agents found potential bomb-making material in his hotel room. and we are joined by phone by ed who just got out of the hearing. i hear there is a new development. >> reporter: it was an initial appearance by private abdo. he walked into the courtroom at the federal courthouse in waco, texas. he was wearing a white jumpsuit and shackled around the arms and feet, and there was a heavy police presence, nine marshals surrounding the soldier. everybody stood up as is common procedure when the judge came in, and he refused to
my name's jon forsythe, and i sea food differently. i don't know. the usual? [ blower whirring ] sometimes it pays to switch things up. my - what, my hair? no. car insurance. i switched to progressive and they gave me discounts for the time i spent with my old company. saved a bunch. that's a reason to switch. big savings -- it's a good look for you. [ blower whirring ] [blower stops] the safety was off. out there with a better way. now, that's progressive. >>> new developments in...
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Jul 17, 2011
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. >> you have people like mitt romney, and tim pawlenty, and jon huntsman, they all have governed states and have a record saying i helped with unemployment and this kind of thing. i am just trying to figure why -- you're trying to decide why you have a better chance to beat president obama, and i am trying to decide why you would think that given that they also have records? >> they have records and impressive records, but i don't remember their states being in the kind of condition new york city was in. i got elected on the campaign theme you can't do any worse, because we were in such bad shape. we were the crime capitol of america. we were supposed to be in decline and never come back again. "time" magazine wrote an article saying new york city's best days are behind it, and it's what they are writing about america now. we turned that around, and when i look at that as objectively as you can about yourself or the situation you're in, it seems to me that's roughly where the country is right now. >> you sound like do i have a better shot at it, you sound like you have made up your mind
. >> you have people like mitt romney, and tim pawlenty, and jon huntsman, they all have governed states and have a record saying i helped with unemployment and this kind of thing. i am just trying to figure why -- you're trying to decide why you have a better chance to beat president obama, and i am trying to decide why you would think that given that they also have records? >> they have records and impressive records, but i don't remember their states being in the kind of...
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Jul 27, 2011
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they think they have the votes, diane, but this is going to be very close. >> jon, thank you. i want to bring someonene in wh has been making phone calls all day, "gma" anchor george stephanopoulos. is a breakthrough afoot, george? >> reporter: most democrats and republicans believe boehner is going to win this vote, it would be a big win for him. but the only thing it guarantees is anonoer round of negotiations, because the democratic majority in the senate won't pass this bill and the president won't sign it. >> what's next? >> reporter: a lot of talk. assuming this passes, there will be another round of negotiations. no certainty yet if this will happen at the white house or just among leaders on capitol hill. but it comes down to one big question. who is going to blink? will the president accept another vote on the debt limit before the next election or will the republicans accept another way to guarantee the cut? and both sides are counting on the other side blinking. that is not determined yet. >> so, this is going to go on. they are really testing the nerves of the amer
they think they have the votes, diane, but this is going to be very close. >> jon, thank you. i want to bring someonene in wh has been making phone calls all day, "gma" anchor george stephanopoulos. is a breakthrough afoot, george? >> reporter: most democrats and republicans believe boehner is going to win this vote, it would be a big win for him. but the only thing it guarantees is anonoer round of negotiations, because the democratic majority in the senate won't pass...
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comedy central >> jon: welcome to "the daily show"! my name is jon stewart. good show tonight! we got a nice one for you tonight. our guest tonight, npr's juan williams will be joining us. (cheers and applause) really? he's not there anymore? (laughter) well, i'll definitely ask him about that. (laughter) but we begin, of course, with our ongoing national crisis. (laughter and applause) one week, ladies and gentlemen, for our two parties to agree to raise the country's arbitrary debt limit for the 102nd time for the drop-dead august 2 catastrophic ultimatum we've already moved twice. (laughter) and so it was under these conditions that president barack obama interrupted a bachelorette's search for love... (laughter). ... to take that long walk down "we killed bin laden" lane. >> tonight i want to talk about the debate we've been having in washington over the national debt. >> jon: the debate we've been having? (laughter) is that what that noise out of washington's been? it sounded like an a elephant seal trying to (bleep) a truck! (laughter) actually, that footage is from a few
comedy central >> jon: welcome to "the daily show"! my name is jon stewart. good show tonight! we got a nice one for you tonight. our guest tonight, npr's juan williams will be joining us. (cheers and applause) really? he's not there anymore? (laughter) well, i'll definitely ask him about that. (laughter) but we begin, of course, with our ongoing national crisis. (laughter and applause) one week, ladies and gentlemen, for our two parties to agree to raise the country's arbitrary...
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Jul 28, 2011
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>> jon: but isn't that... isn't it easy to say that it's a very easy thing to do to dismiss it, not all organizations that claim to be partisan are as such and they're not all created equal and what is the thing that is stymieing the debate? or allowing it to be honest? what is it that's preventing, in your mind, the honest aspect of it? >> because i think people don't listen. i think that it's right now as i said people get locked into one perspective or another and, you know, it's part of what's going on. and gulf stream to web sites with other like-minded people. they even get into subgroups of that web site and if you're not exactly on target, you're a bad guy. if you don't agree with me, you're a traitor. the last book i wrote "enough" was about bill cosby and cosby saying "we've got problems in the black community, out-of-wedlock births, high dropout rates, acceptance of the drug culture. we have to stop this." and cosby, all of a sudden he was labeled a bad guy, he's airing dirty laundry. look at what's
>> jon: but isn't that... isn't it easy to say that it's a very easy thing to do to dismiss it, not all organizations that claim to be partisan are as such and they're not all created equal and what is the thing that is stymieing the debate? or allowing it to be honest? what is it that's preventing, in your mind, the honest aspect of it? >> because i think people don't listen. i think that it's right now as i said people get locked into one perspective or another and, you know, it's...
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Jul 29, 2011
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jon karl is back. >> here we are. we are going to try to see if the five of you in an hour's time can come up with a solution somehow washington seems utterly incapable of coming up with. >> reporter: with that, we got to work. five americans, views ranging from tea party to liberal democrat. could they agree on cuts tallying up to $3 million? that would be enough to reach a deal and break a stalemate. >> one of the proposals out there is to eliminate the memo mortgage deductions. it would be $1 trillion. >> i think it's not a good idea. for many americans that's the only deduction they have. >> i think we shouldn't be doing anything to disincentivize people from buying houses right now. >> how about raising taxes on the wealthy? elelinate the taxes on people making $250,000. you like ha? >> yes. the problem with this is, you're hitting small businesses. >> it's not just small businesses, it's two professional people earning a dual income. it's not going to hurt the economy. >> this will stop investments. >> that's un
jon karl is back. >> here we are. we are going to try to see if the five of you in an hour's time can come up with a solution somehow washington seems utterly incapable of coming up with. >> reporter: with that, we got to work. five americans, views ranging from tea party to liberal democrat. could they agree on cuts tallying up to $3 million? that would be enough to reach a deal and break a stalemate. >> one of the proposals out there is to eliminate the memo mortgage...
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Jul 26, 2011
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. >> jon favreau. from "top gear," rut ledge wood. and music from big talk. >> did anybody else get >> jimmy: hi, i'm jimmy kimmel, and this is guillermo with a word about san manuel indian bingo and casino, where they're celebrating their 25th anniversary with all sorts of good stuff, like a special prize package for anyone who visits on their birthday. forgive me for saying so, guillermo, but based on the fit of that jacket, looks like you've really been enjoying san manuel's buffet. >> yes, i am fat and excited for all the great shows coming up at san manuel. pitbull is going to be playing. >> jimmy: yes, pit bull's going to be playing. >> yes. >> jimmy: and who else? are you a fan of devo? >> yes, yes. i am also a fan of devo. and martin lawrence, too. he is funny. >> jimmy: and? >> and los tucanes de tijuana, the best mexican norteÑo regional music group in the world! >> jimmy: how come their names aren't on your chest? >> that's because they are inside me. like pizza. >> dickey: san manuel indian bingo and casino wants to celeb
. >> jon favreau. from "top gear," rut ledge wood. and music from big talk. >> did anybody else get >> jimmy: hi, i'm jimmy kimmel, and this is guillermo with a word about san manuel indian bingo and casino, where they're celebrating their 25th anniversary with all sorts of good stuff, like a special prize package for anyone who visits on their birthday. forgive me for saying so, guillermo, but based on the fit of that jacket, looks like you've really been enjoying...
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Jul 28, 2011
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abc's jon karl is on capitol hill with that. jon? >> reporter: diane, there is some real drama going on right now here in the house. they were supposed to be voting on john boehner's deabt ceiling bill. that is delayed. john boehner's office is right down there, and he is down there trying to get the votes he needs to pasasthis bill. he's not there yet. this is the bill that could increase the debt ceiling by about $900 billion, only about six months worth. democrats don't like that, because it would force the president to come back and go through this all over again. but what boehner is finding is that a lot of those tea party republicans don't want to vote for this. he has put his speakership on the line, saying that he cannot lead if they don't support him. so, the question now is, diane, will he get the votes to pass the republican plan? >> can he get his republicans in line? jon karl, standing by, watching it all. and, of course, while they battle it out on the hill, on capitol hill, there is a secret scramble behind the scenes
abc's jon karl is on capitol hill with that. jon? >> reporter: diane, there is some real drama going on right now here in the house. they were supposed to be voting on john boehner's deabt ceiling bill. that is delayed. john boehner's office is right down there, and he is down there trying to get the votes he needs to pasasthis bill. he's not there yet. this is the bill that could increase the debt ceiling by about $900 billion, only about six months worth. democrats don't like that,...
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Jul 13, 2011
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[laughter] >> jon: really? >> i don't make the rules, jon. jon >> jon: look. if even that guy raised taxes, doesn't that at least challenge the current republican belief system? >> cynics like you are always looking for doctrinal contradictions. >> jon: the rich now have way more wealth and income even since the 80s. republicans think tax cuts raise revenue, why not cut taxes to zero. >> jon, let me tell you parable. a holy man was in the desert and the multitudes came and said, we have no food. he said, here are five loaves and two fishes and so it was that the holy man and one of his friends sat down and ate a [bleeped] load of fish sandwiches. [laughter] >> jon: what about... [applause] what about the multitudes? >> what about 'em? are you suggesting that socialist redistribution of fish and bread? why punish the most successful fisherman? >> jon: look, i don't thi i understand this parable's message. how do the multitudes eat? >> that's not the holy man's problem. am i my brother's keeper? >> jon: that's a biblical saying. cain said that when he's trying t
[laughter] >> jon: really? >> i don't make the rules, jon. jon >> jon: look. if even that guy raised taxes, doesn't that at least challenge the current republican belief system? >> cynics like you are always looking for doctrinal contradictions. >> jon: the rich now have way more wealth and income even since the 80s. republicans think tax cuts raise revenue, why not cut taxes to zero. >> jon, let me tell you parable. a holy man was in the desert and the...
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Jul 11, 2011
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in 2008, made his broadway debut in "equus" appearing necked jon tach and today stars in "how to succeed in business without really trying" it's so not what you would expect from you, dancing, singing, jumping. >> absolutely. anyone who knows me would expect the jumping, but dancing and singing. yeah. it's something completely different and i -- you know, i've got the energy to do it at this age so i might as well be doing it. also, i do think there's, as an actor -- i don't think you'll ever work that much harder than doing a broadway show. particularly a musical eight time as week. so, yeah. i like working hard. that's the whole thing that's instilled in me. a work ethic that i now -- i love to work. >> larry: how have kept a balance through all of this? >> the most important thing for me to remember is it doesn't matter who had gotten this part, they would have been receiving this kind of attention. this much -- you know, when you step out of the car and you get hit by that wall of noise, of screaming, you have to -- it's very important for me to remember that would be screaming for s
in 2008, made his broadway debut in "equus" appearing necked jon tach and today stars in "how to succeed in business without really trying" it's so not what you would expect from you, dancing, singing, jumping. >> absolutely. anyone who knows me would expect the jumping, but dancing and singing. yeah. it's something completely different and i -- you know, i've got the energy to do it at this age so i might as well be doing it. also, i do think there's, as an actor -- i...
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Jul 29, 2011
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let me bring it back to you, jon karl. all the negotiations over the next compromise are kind of in suspended animation until speaker boehner acts on this bill today but i think one of the big problems you face is that once he does send -- get this through, if he does get it through, it's going to be very hard to get any of his republicans to vote for the real compromise in a day or two or three. >> reporter: well, that's exactly right. both of your points right. first of all there are no negotiations going on in that compromise right now because all the focus is getting this passed in the house. speaker boehner isn't exactly taking calls from democrats but trying to get his own republicans in line. once he does this, this is going to be very difficult for him to get -- to go any further by way of compromise. if there is a compromise it's going to take a lot of democrats to pass it in the house. >> a lot of democrat, that's exactly right. key market openings sunday night, the next big deadline to watch for, as well. >> tha
let me bring it back to you, jon karl. all the negotiations over the next compromise are kind of in suspended animation until speaker boehner acts on this bill today but i think one of the big problems you face is that once he does send -- get this through, if he does get it through, it's going to be very hard to get any of his republicans to vote for the real compromise in a day or two or three. >> reporter: well, that's exactly right. both of your points right. first of all there are no...
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Jul 6, 2011
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the numbers are not so good for candidates like jon huntsman and newt gingrich who were the unromneys. it's no surprise romney is taking some abuse from democrats who hope the governor had conflicting comments on the economy >> i didn't say things were worse. the economy has not turned around. >> what are this president has done has slowed the economy. he didn't create the recession, but he made it worse. >> worry some as the key pillars see him as a front-runner by default. the tea party activists would like to see other choices. >> my prediction is that somebody emerges to fill the vacuum. the true fiscal conservative in the race >> here doesn't fit the bill. you are waiting for a tea party savior. >> we are not waiting. we are shopping. >> not all are sold either. >> there those who see his record when he was governor of massachusetts. he was not consistent with the platform that he ran on four years ago >> republicans note the gop has a tradition will nominating front-runners when the party thinks it's their turn. >> we're saw it with john mccain and gorge bush senior and ronald r
the numbers are not so good for candidates like jon huntsman and newt gingrich who were the unromneys. it's no surprise romney is taking some abuse from democrats who hope the governor had conflicting comments on the economy >> i didn't say things were worse. the economy has not turned around. >> what are this president has done has slowed the economy. he didn't create the recession, but he made it worse. >> worry some as the key pillars see him as a front-runner by default....
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Jul 26, 2011
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. >> jon: captain america! (cheers and applause) >> jon: let me get you caught up. while many americans were enjoying america's fast food sidewalks and justy dashboard steaks our country moved close ever to self-inflicted economic coulds la, something we have known has been companying for as long as we have been told, it's coming. >> treasury secretary tim geithner sut approximatinging a date on what says would be a national disaster, as early as parch 31st. >> we can give congress until the end of june. >> geithner says the nation will disolve on its dead july 8th. >> moved the drop dead date from july 8th to august 2 wnd if congress doesn't act by the second they will put our-- they will downgrade our credit, first time in history, and if that happens, are you going to see cat strafk damage across the american economy and across the global economy. >> jon: the only other catastrophe that's moved its date this often was spicerman turn off the darbling. (laughter) (laughter) 112th congress has been completely unable to muster a debt sealing agreement to avoid eye ho
. >> jon: captain america! (cheers and applause) >> jon: let me get you caught up. while many americans were enjoying america's fast food sidewalks and justy dashboard steaks our country moved close ever to self-inflicted economic coulds la, something we have known has been companying for as long as we have been told, it's coming. >> treasury secretary tim geithner sut approximatinging a date on what says would be a national disaster, as early as parch 31st. >> we can...
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right there. >> jon: i tried that once. with him? >> with him. >> jon: jumped on. with another friend, vomited about 30 seconds. for me, that's like riding with the blue angels. that's like i'm never doing that again. you got to do it once. >> i have to say sincerely i was so impressed by him. i means that's a pretty bold move to go and perform at lincoln center singing, you know, sondheim in front of 3,000 people. and that's sort of out of his comfort zone and he was just really great at it. >> jon: i actually went and saw it live. it was tremendous. >> thank you. >> jon: and i thoroughly enjoyed all of you guys but i was stunned that you had-- i heard you had like two weekends to work on it. they put on a full production of company, like an 18 hour play -- >> it's not. >> jon: and you learned the singing and the dancing was extraordinary that you even had the time to put it together. >> once a year they like to do a semi staged concert version of a show as a gala. and this was frar from semi staged. i think they said that just to get us all to sign up. and then w
right there. >> jon: i tried that once. with him? >> with him. >> jon: jumped on. with another friend, vomited about 30 seconds. for me, that's like riding with the blue angels. that's like i'm never doing that again. you got to do it once. >> i have to say sincerely i was so impressed by him. i means that's a pretty bold move to go and perform at lincoln center singing, you know, sondheim in front of 3,000 people. and that's sort of out of his comfort zone and he was...
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we may miss that deadline but not by much. >> jon, thanks for sticking your neck out. we appreciate both of those things and your reporting this morning. bianna, over to you. >>> all right, dan, thank you. we want to now take a look at what happens if the clock hits zero and there's still no deal. will the doomsday scenario everyone fears actually play out? well, first the immediate effects could be that the government soon won't be able to pay all of its bills and decisions will have to be made on what not to pay. that might mean noay for government workers, no payments to contractors, no assistance to states and municipalities, taking millions out of the u.s. economy every day. and we know that's not good for anyone. second, the u.s. could lose its aaa credit rating? what does that mean? it could send interest rates up on your mortgage, car loan, virtually everything you borrow money onon if this happens some economists believe the stock market will plummet. this week alone it dropped 580 points and many believe it could fall more than 6% if this turns out to be true
we may miss that deadline but not by much. >> jon, thanks for sticking your neck out. we appreciate both of those things and your reporting this morning. bianna, over to you. >>> all right, dan, thank you. we want to now take a look at what happens if the clock hits zero and there's still no deal. will the doomsday scenario everyone fears actually play out? well, first the immediate effects could be that the government soon won't be able to pay all of its bills and decisions will...
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i'm host jon scott. fox news watch is on right now. now. >> defaulting on our obligations is a reckless and irresponsibility outcome for this debate and the republican leaders say that they agree we must avoid default. but the new approach that speaker boehner unveiled today which would temporarily extend the debt ceiling in exchange for spending cuts would force us to once again face the threat of default just six months from now. in other words, it doesn't solve the problem. >> president obama in a prime time address monday night. that was a speech to the nation, usually, judy, when the president makes a prime time address, there is news to be made. you want to tell us that maybe, osama bin laden has been killed or something like that. was there any news? >> no, even chris mathews and joe scarboro on msnbc were noting, oh, by gosh, this was a scold lecture, saying something other than no, but the republicans were doing the same thing in all fairness. >> here is what michael gerson wrote in the washington post, a pelel address to the
i'm host jon scott. fox news watch is on right now. now. >> defaulting on our obligations is a reckless and irresponsibility outcome for this debate and the republican leaders say that they agree we must avoid default. but the new approach that speaker boehner unveiled today which would temporarily extend the debt ceiling in exchange for spending cuts would force us to once again face the threat of default just six months from now. in other words, it doesn't solve the problem. >>...
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jon: no. he seemed to be saying that republicans are holding the white house hostage and saying if you don't accept our plan as a whole, we're going to blow up the economy, that is what he seemed to be saying. >> well the republicans have been at the bargaining table. they have offered concessions and they have offered so many opportunities for compromise but the president basically never would agree to anything, and there was never anything concrete from the president. i think the lack of leadership, even the timing of the leadership, he didn't even get in this until two weeks ago, he should have been starting on this in january. he knew this debt ceiling had to be raised. and he was not being helpful with the budget he put forward. it was a freeze on 2011 spending which is an elevated spending level because of his stimulus package. so i think that he needs to come to the table earlier and provide leadership. i think now congress is saying, well, we're going to have to do something short-term
jon: no. he seemed to be saying that republicans are holding the white house hostage and saying if you don't accept our plan as a whole, we're going to blow up the economy, that is what he seemed to be saying. >> well the republicans have been at the bargaining table. they have offered concessions and they have offered so many opportunities for compromise but the president basically never would agree to anything, and there was never anything concrete from the president. i think the lack...
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we will turn to politics where the republican presidential candidate jon huntsman met with other governors for the national governors' association meeting. after the meetings, though, look at what he did. huntsman jumped on his harley for a quick ride. he led 50 bikers through the streets of salt lake city. >>> michele bachmann said she is ready to sign the conservative pledge on the budget deficit. it's called cut cap and balance. most of the other candidates have signed on. bachmann thought the pledge did not go far enough. >>> coming up, will he or won't he run for president? candy crowley tells us about her exclusive interview with former new york city mayor, rudy guiliani. stay with us. but i did. they said i couldn't get elected to congress. but i did. ♪ sometimes when we touch ha ha! millions of hits! [ male announcer ] flick, stack, and move between active apps seamlessly. only on the new hp touchpad with webos. really? 25 grams of protein. what do we have? all four of us, together? 24. he's low fat, too, and has 5 grams of sugars. i'll believe it when i--- [ both ] oooooh... wha
we will turn to politics where the republican presidential candidate jon huntsman met with other governors for the national governors' association meeting. after the meetings, though, look at what he did. huntsman jumped on his harley for a quick ride. he led 50 bikers through the streets of salt lake city. >>> michele bachmann said she is ready to sign the conservative pledge on the budget deficit. it's called cut cap and balance. most of the other candidates have signed on. bachmann...
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Jul 21, 2011
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and i think jon is absolutely right. it's critically important that we raise the debt ceiling. i think, however, the president of the united states is not a freshman house republican. >> right. >> and as i said, this deal has been on the table for a long time. this problem has been on the table for a long time. i think we need the president of the united states, the leader of the free world, to step forward and lead here. and i think there will be enough bipartisan support to get a deal done. >> has he not been leading on this? i mean, with regards to his most recent conversations? >> you know, disappointingly president obama put forward a budget in february. this was his opportunity to lead, in my opinion that. budget was voted down 97-0. it tackled entitlement reform not a bit. he gave a wonderful speech in april which the congressional budget office said it couldn't score because there weren't enough specifics. the truth is, the president himself has never put a deal on the table. he's asked other people to put deals on the table. and so i hope now that in this final two wee
and i think jon is absolutely right. it's critically important that we raise the debt ceiling. i think, however, the president of the united states is not a freshman house republican. >> right. >> and as i said, this deal has been on the table for a long time. this problem has been on the table for a long time. i think we need the president of the united states, the leader of the free world, to step forward and lead here. and i think there will be enough bipartisan support to get a...
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abc's jon karl on capitol hill tonight. tell us about it, jon. >> reporter: diane, this is john boehner's biggest test as speaker of the house. he's got to convince those tea party republicans to support his plan to raise the debt ceiling. john boehner is cracking the whip. he convened a meeting of all 240 house republicans today. sources who were there tell abc he had a blunt message for tea partiers. "get your ass in line," he said. "i can't do this job unless you are behind me." that's the kind of talk that gets you guys in line? >> we are a team. we are about trying to move the country toward. >> reporter: the tough talk does appear to be working. but it's not an easy sell. some of the tea partiers still just don't believe those dire warnings about government default. >> armageddodomidnight, august 3 is not simply the case. it is not true. >> reporter: just yesterday, vin mccarthy, the third ranking republican in the house, urged republicans to unite behind boehner's plan by showing this clip from the movie "the town."
abc's jon karl on capitol hill tonight. tell us about it, jon. >> reporter: diane, this is john boehner's biggest test as speaker of the house. he's got to convince those tea party republicans to support his plan to raise the debt ceiling. john boehner is cracking the whip. he convened a meeting of all 240 house republicans today. sources who were there tell abc he had a blunt message for tea partiers. "get your ass in line," he said. "i can't do this job unless you are...
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jon jay, the founding father, he comes on home, cardinals out in front, 3-1. carlos lee, el caballo, he can hit, that's gone to left. astro, they go on to get the "w," 5-3 the final count. i'm c ochole wright, for the la on the sports scene check out the highlight express. >>> a grandma cheering them on from the sidelines, she's not related to any of them this. is susie sanchez, the newest member of the team's cheerleading squad. >> sanchez is 37, a mother of three and grandmother of one, pretty good-looking grandmother and it's been her lifelong dream to make the squad. finally this one, she made it. >> congratulations, i like to see that. age is a state of mind. >>> the stories we'll be following later including late night drama on capitol hill. will republicans bring their debt legislation to a vote today? stay with us. mine was earned over the south pacific in 1943. vietnam, 1967. i got mine in iraq, 2003. u.s.a.a. auto insurance is often handed down from generation to generation, because it offers a superior level of protection and because u.s.a.a.'s comm
jon jay, the founding father, he comes on home, cardinals out in front, 3-1. carlos lee, el caballo, he can hit, that's gone to left. astro, they go on to get the "w," 5-3 the final count. i'm c ochole wright, for the la on the sports scene check out the highlight express. >>> a grandma cheering them on from the sidelines, she's not related to any of them this. is susie sanchez, the newest member of the team's cheerleading squad. >> sanchez is 37, a mother of three and...
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other candidates, ronpaul, jon huntsman are for@shrinking the dget. it about 5%. at the ends of the clinton era it was 3. i think there's tremendo appetite in both parties to lower defense spendi. what will @@republicans offer t democrats in return for getting entitlement reform and they don't want raise@taxes. they might office defen cu. >> south carolina senator setor grahamcan't imagine a repuican running to the left of president @@obama on defense but i thk it's reall9 hard to see what is the emerging rldview ming from this sets republans but they've been freed by the@fact there's a democrat in the white house to be @@critical of military engagements but haven't defined and@what they uld do 'ithout that. >> what @@do you think? two prisms. one is operational. draw down afghanistan and the war in iraq. that saves money. the other one retitive systems. the f35, there was a dual engine, the projects 15, 20 years. it was killed in the 2011 budget deal. john boehner cared about that, built outside of his district. he let that stay. individual pjects like that ll go
other candidates, ronpaul, jon huntsman are for@shrinking the dget. it about 5%. at the ends of the clinton era it was 3. i think there's tremendo appetite in both parties to lower defense spendi. what will @@republicans offer t democrats in return for getting entitlement reform and they don't want raise@taxes. they might office defen cu. >> south carolina senator setor grahamcan't imagine a repuican running to the left of president @@obama on defense but i thk it's reall9 hard to see...
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jon stewart picked up on all of it with chuck schumer. >> the democratic response to the republicans use of that clip from the movie the town did lead to one of my favorite recent moments on cable news. i give you chuck schumer's movie break down show. >> in the scene, they chose to inspire their house freshmen, one of the crooks gives a pep talk to the other right before they both put on hockey masks, bludgeon two men with sticks, and shoot a man in the leg. >> join us next week when i, chuck assume, revishu schumer, i classic the star wars. in this film, a large asthmatic man dressed in black plastic cuts the arm off of a boy wearing pajamas with some type of a glow stick. and here's the part you won't believe. the man in the suit is the boy's father. >> pretty good summary. still ahead on "way too early," why are you awake? tweets, texts and e-mails are next. emily's just starting out... and on a budget. like a ramen noodle- every-night budget. she thought allstate car insurance was out of her reach. until she heard about the value plan. and saving money with allstate doesn't stop
jon stewart picked up on all of it with chuck schumer. >> the democratic response to the republicans use of that clip from the movie the town did lead to one of my favorite recent moments on cable news. i give you chuck schumer's movie break down show. >> in the scene, they chose to inspire their house freshmen, one of the crooks gives a pep talk to the other right before they both put on hockey masks, bludgeon two men with sticks, and shoot a man in the leg. >> join us next...
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jon: and i'm jon scott. dramatic new developments in that debt standoff in washington, and we are all over them. president obama speaking just moments ago urging republicans and democrats to reach some kind of compromise. he's warning the u.s. will lose its top credit rating if it falls into an unprecedented default. jenna: and it could lose that rating anyway. that's something we've been hearing a lot this week, that despite some of the decisions made in d.c., we could still see a downgrade. now, the political standoff as we know it is escalating this hour. a senior gop official, a house aide, i should say, telling fox news that house republicans will pass their debt plan today. we thought that yesterday. we'll see if it happens today. a bill that senate democrats say is dead on arrival, though, as they move ahead with their own debt limit bill setting up a showdown vote really for this weekend. ahead of that host of your world, neil cavuto, is live on capitol hill with his observations about what's happeni
jon: and i'm jon scott. dramatic new developments in that debt standoff in washington, and we are all over them. president obama speaking just moments ago urging republicans and democrats to reach some kind of compromise. he's warning the u.s. will lose its top credit rating if it falls into an unprecedented default. jenna: and it could lose that rating anyway. that's something we've been hearing a lot this week, that despite some of the decisions made in d.c., we could still see a downgrade....